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Credit Card Takeover Loan from Central Bank of India in Kalyan-Dombivali

The twin cities of Kalyan and Dombivli were joined and converted into the Kalyan-Dombivli municipal corporation in 1982 to improve the administration of the twin townships. The headquarter of this city is situated in Kalyan. Kalyan and Dombivli are both cities in the Thane District of Konkan division in Maharashtra state. The city comprises a majority of Hindu residents who speak mostly in Marathi. The weather in this city follows the exact trends as that of Mumbai and is known to experience the notorious Mumbai rains. The twin city of Kalyan-Dombivli had been under the reigns of the Mughal, the Portuguese as well as the British. The celebrated Maratha heroes, held in high esteem by the residents, were the only valiant defense against these foreign invasions. The city of Kalyan used to be surrounded by a fort wall which was constructed during the Mughal age and further improved by the Maratha rulers. It was called the Durgadi Fort. History claims that a small wooden temple dedicated to Durgadevi was behind the mosque inside this fort wall. However, this historical relic was dismantled by the British and the stones were used to build the piers of Thane and Kalyan. The idol in the temple was also stolen. Only the remnants of the north-west gate of this fort still remain to remind the people of the historic past.

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Low interest rate Credit Card Take Over Loan in Kalyan-Dombivali, 12 November 2019 from Central Bank of India

The Central Bank of India was found on 21st December 1911. Its head office is in Mumbai. The stocks of the bank are listed on Bombay Stock Exchange and National Stock Exchange in India. In 1938, the Barclays bank acquired the Central Bank Exchange of India. In 1963, Central Bank of Indias operations in Burma was nationalized by the government of Burma, and it became Peoples Bank No. 1. In 1969, the Central Bank was nationalized by the Indian Government on 19 July, together with 13 others.In the year 1980, Central Bank of India was one of the first banks in India to issue credit cards in collaboration with MasterCard. For the year ended 2013, Central Bank of India announces that the total business of Rs. 402000 Cr and the net profit of Rs. 1015 Cr. A new CMD, Mr. Rajiv Rishi was appointed by the Central Bank of India on 1 August 2013, who was previously ED of Indian Bank and General Manager of OBC. On 1 November 2013, the bank opened its second representative office in Hong Kong.

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